When Mark Knopfler penned this mega-hit in 1985, he probably didn’t think a real estate agent would be using it nearly 25 years later to describe a program designed to encourage folks to purchase foreclosed homes. What was meant to be a blue-collar critique on the excessive lifestyles of rock ‘n rollers has now been reduced to a pithy blog post title. The times, they are a changin’…
But alas, dear reader, I’ve come armed with more good news. The Georgia Dream NSP Purchase Program was created to encourage the purchase of foreclosed properties, providing $14,000 to eligible borrowers purchasing foreclosed properties in eligible areas. There are certain conditions that apply, but these funds can be applied to either required repairs and/or down payment assistance.
To find out more about applying for this program, and the areas that it applies to, click here.
To find out more about how you can find a deal on a foreclosure- either as an investment or for your own home- click here.